Canada’s New Government Establishes Program Eligibility for the Children’s Fitness Tax Credit
The following News Release or Speech has just been posted on the Finance Canada Site.
Ottawa, December 19, 2006
2006-084The Honourable Jim Flaherty, Minister of Finance, today released guidelines on the Children’s Fitness Tax Credit, which is scheduled to become effective on January 1, 2007.
The Minister confirmed that as recommended by the Expert Panel for the Children’s Fitness Tax Credit, the definition of eligible programs will support children’s participation in all programs that significantly contribute to their fitness. In addition, the Minister indicated that substantial additional support would be provided to children eligible for the disability tax credit to recognize the unique barriers they face in becoming more active.
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